Identify the wrong pair and rewrite the correct one. i. Sixth - Alleviation of poverty and employment generation
ii. Seventh - Food, employment and productivity
iii. Eighth - Liberalisation of economy
iv. Ninth - Emphasis on basic and heavy industries
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Answer:
3- Eighth - Liberalisation of economy.
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The wrong pair is:
Eighth - Liberalisation of economy
Ninth - Emphasis on basic and heavy industries
Explanation:
These are some objectives of Five Year Plan of India:
- First Five Year Plan of India(1951-56): This was based on the Harrod-Domar model. At that time, India was facing three problems-the influx of refugees, a severe shortage of food, and also mounting inflation.
- Second Five Year Plan of India(1956-61): The focus of the Second plan was rapid industrialization, especially the development of heavy industries and capital goods, like iron, steel and chemicals.
- Third Five Year Plan of India(1961-66): The primary goal of the Third Plan was to establish India as a self-reliant and a self-generating economy.
- Fourth Five Year Plan of India(1969-74): There were two principal objectives of this plan-'Growth with Stability' and 'Progressive Achievement of Self-Reliance'.
- Fifth Five Year Plan of India(1974-79): This was planned through the promotion of higher growth rates, better income distribution, and also a significant increase in the domestic rate of saving.
- Sixth Five Year Plan of India(1980-85): This plan focused on the socio-economic infrastructure in the rural areas. Further, it endeavored to eliminate rural poverty and reduce regional disparities through the Integrated Rural Development Program.
- Seventh Five Year Plan of India(1985-90): The Seventh Plan focused on the rapid production of foodgrains along with an increase in the creation of employment and overall productivity.
- Eighth Five Year Plan of India(1992-97): At this time, the country was going through a severe economic crisis and the Government initiated fiscal reforms to provide a new dynamism to the economy.
- Ninth Five Year Plan of India(1997-2002): The liberalisation process was targeted a high growth rate of 7 percent and also directed itself towards time-bound social objectives.
Answer:
Second - Emphasis on basic and heavy industries
Ninth - Liberalisation of economy
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